Independent Reserve Reviews 

195
TrustScore 4 out of 5

3.8

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Rated 1 out of 5 stars

I needed to send funds to an extremely sick person. I needed to do it quickly due to businesses closing. It has been 20hours and I am still battling with the ridiculous system of Independent Reserve... See more

Company replied

Rated 5 out of 5 stars

Top shelf exchange. Support may take a few hours to respond but when they do it's really clear and appropriate...not pro forma responses. Really happy with their security protocols and ease-of-use. Ge... See more

Rated 5 out of 5 stars

I have accounts in 3 Australian exchanges and Independent Reserve is the one I most trust. The others I use only for trading obscure coins. One of those was recently hacked & I lost all my funds. Thei... See more

Rated 5 out of 5 stars

Support were very quick to respond to questions during the day and even night! A lot more responsive than the other Exchanges out there. I've transferred large sums of AUD and Crypto to and from sev... See more

Company details

  1. Currency Exchange Service
  2. Financial Consultant

Information provided by various external sources

The best place to buy, sell and trade Bitcoin, Ethereum and other cryptocurrencies in Australia and New Zealand with AUD, NZD and USD. Digital Currency Exchange of the Year 2019.


Contact info

You should know

3.8

Great

TrustScore 4 out of 5

195 reviews

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3.8

All reviews

(195)

71 reviews in the last 12 months

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Rated 1 out of 5 stars

Appalling service

Appalling service. Website does not work properly

March 8, 2024
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Ken,

We’re sorry to hear about your experience and appreciate you bringing this to our attention.

If you encounter any issues, please reach out to us via our support inbox, or at https://portal.independentreserve.com/login/contact-support if you are unable to log in. Our support team typically responds within a few hours and will be happy to assist you.

Thank you for your patience and understanding as we work to provide a smooth experience for all our users.

Warm regards,
Independent Reserve Team

Rated 5 out of 5 stars

Reliable exchange

Reliable exchange, recently received a withdrawal to NZ bank account which took around a week. Used this exchange several years ago and the service was the same back then.

March 6, 2024
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Thomas,

We truly appreciate your positive feedback! It's wonderful to hear that you value the safety of our platform and the level of customer service we provide. Your trust and satisfaction are our top priorities, and we're committed to maintaining high standards in both security and service.

Warm regards,
Independent Reserve team.

Rated 5 out of 5 stars

I have been using Independent Reserve…

I have been using Independent Reserve since 2014. This is one of the first crypto exchanges in Australia and the only one I would trust.

March 2, 2024
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Schalk,

We truly appreciate your positive feedback! It's wonderful to hear that you value the safety of our platform. Your trust and satisfaction are our top priorities, and we're committed to maintaining high standards in both security and service.

Warm regards,
Independent Reserve team.

Rated 1 out of 5 stars

Zero star if possible!

Zero star if possible!
Fully verified customer with all the security in place and just tried to transfer 100 usdt which has been frozen with no reason! Asking lots of non sense questions just to drag your withdrawal! I had enough, time to move on!
Stay away from this dodgy exchange as far as you can !

March 2, 2024
Unprompted review
Rated 1 out of 5 stars

They will withhold your money - AVOID!!!!

This mob will withhold your money for as long as they can. Don't expect to withdraw your crypto to a personal wallet. After a week of 'withdrawal pending' and lackluster support (they wouldn't tell me why I can't withdraw, only that its pending), I ended up selling my assets at the cost of their exorbitant fees and moving to another exchange.

Independent Reserve will make it incredibly hard for you to withdraw your crypto or money from their platform. Don't expect any support. There is no direct phone line to call to work out any issues or discrepancies. What they mean by so-called 24 hours support is that they will respond once every 24 hours via a message service and avoid addressing your issues.

I regret not reading recent reviews because I feel victim to their petty trick that ended up costing me $100 to get my money off their exchange.

January 22, 2024
Unprompted review
Rated 1 out of 5 stars

Do not use this exchange

Do not use this exchange. They will freeze your funds from crypto withdrawals for weeks and drag their feet in the supposed interest of your "security and safety" even though you have full multifactor turned on, sms, authenticator etc. They will make you lose time, energy and opportunity cost in attempt to claim back YOUR money.

January 18, 2024
Unprompted review
Rated 1 out of 5 stars

Very disappointing

Very disappointing. Very much similar experience to others, holding up payments and not being responsive to support inquiries.

After a few years of happily using their service, I am now moving to a different service provider.
Not recommending them.

December 13, 2023
Unprompted review
Rated 5 out of 5 stars

Good crypto currency trasing

December 7, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Jamal,

Thank you for your kind feedback and positive review! We’re delighted to hear that you’re enjoying the platform.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

Best company i have ever seen.

December 7, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Sharmin,

Thank you for your kind feedback and positive review! We’re delighted to hear that you’re enjoying the platform.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

Good crypto currency trasing

Independent Reserve is a trustable crypto currency exchange that stand out among many.The platform has wide range of crypto trading assets.its transparent easy to understand.its safe and has friendly customer care agent

December 1, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi John,

Thank you for your kind feedback and positive review! We’re delighted to hear that you’re enjoying the platform.

Warm regards,
Independent Reserve team

Rated 1 out of 5 stars

After years of using IR and…

After years of using IR and recommending to friends and family I am soooo disappointed. Over the last days they have wasted my time and locked my $$$$ up. This is costing me!!! The reason is their AML policy! Well after years and considerable trading, I would say it is a bit late for that. Clearly this company has an administrative problem and / or a commonsense one. Awful CUSTOMER SERVICE

December 6, 2023
Unprompted review
Rated 1 out of 5 stars

dont use this exchange they will hold…

dont use this exchange they will hold your funds for no reason and refuse to release them.

November 25, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Michael,

Thank you for taking the time to share your feedback.

Independent Reserve is a licensed cryptocurrency exchange regulated by AUSTRAC. As a regulated exchange, we are required to adhere to strict compliance standards. This means that occasionally we may need to request supporting documents or conduct additional reviews to ensure all transactions are secure.

These measures are in place to protect our users and their funds, and are never intended to cause inconvenience. We appreciate your understanding and thank you for helping us maintain a safe trading environment for everyone.

Have a nice day!

Warm regards,
Independent Reserve Team

Rated 1 out of 5 stars

BEWARE!! Withholding funds

They held $ that I sent them for days until I satisfied their AML request. And didn't allow me to access the $ I sent to my account with them until I satisfied the AML request, which took them more than a day to respond to any request, which was a huge source or stress, because of not being able to use the $ how I intended, or withdraw them from their platform.
Also it seemed that they triggered an AML because they knew I was about to buy the dip. (prices just dropped).
I will not be using this company again.
Also beware that this is the same company as bitcoin.com.au look up the ABN they are the same.
Do your research.

November 15, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi there,

Thank you for your updated review.

We noticed that your original comment was posted around 3 years ago. If you are currently still experiencing any ongoing issues, please feel free to reach out to our support team. We would be more than happy to assist and ensure your concerns are properly addressed.

Thank you again for your feedback.

Warm regards,
Independent Reserve Team

Rated 5 out of 5 stars

Great exchange and easy to deal with

Been using these guys for years, really happy with their support turnaround and easy to use website and mobile app. Have steadily introduced more features and enhancements over the time I have used them which has been great. Would definitely recommend

April 7, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Harry,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you've had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

Referred to these guys and proper…

Referred to these guys and proper pleased - actual customer service instead of bots!

November 3, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Sebastian,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

Have used these guys for a while now…

Have used these guys for a while now and have never had any problems. Much better volume than others means I know I am getting a good price.
Wish I had traded again before last weeks price jump!

October 30, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Robert,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

always been solid

always been solid. i wouldnt trade alts here as liquidity is non exist, but for on ramping and off ramping into eth/btc at low amounts, this shines

October 5, 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Freddy,

Thank you for your kind feedback and positive review! We’re delighted to hear that you’re enjoying the platform.

Warm regards,
Independent Reserve team

Rated 1 out of 5 stars

Do not trust this company

Do not trust this company. They are the same company as Bitcoin.com.au. Feel free to look up the abn of each company if they deny it.

September 19, 2023
Unprompted review

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